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VP of Underwriting Salary in Ridgeview, SD

How much does a VP of Underwriting make in Ridgeview, SD?

As of September 01, 2026, the average salary for a VP of Underwriting in Ridgeview, SD is $239,594 per year, which breaks down to an hourly rate of $115.

However, a VP of Underwriting's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $271,260
  • Majority Range (25th-75th percentile): $214,035 to $256,169
  • Entry-Level (10th percentile): $190,764
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence VP of Underwriting Salaries

A VP of Underwriting's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects VP of Underwriting Salaries?

Experience is a primary driver of a VP of Underwriting's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Underwriting Manager (5+ years): $109,362
  • Underwriting Senior Manager (5+ years): $149,059
  • Underwriting Director (5+ years): $179,846
  • VP of Underwriting (5+ years): $239,594
  • Chief Underwriting Officer (5+ years): $315,973
Job Role Years of Experience Average Salary
Underwriting Manager5+ years$109,362
Underwriting Senior Manager5+ years$149,059
Underwriting Director5+ years$179,846
VP of Underwriting5+ years$239,594
Chief Underwriting Officer5+ years$315,973
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Top Paying Cities for VP of Underwritings

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $330,483
  • San Francisco: $326,865
  • Oakland: $319,976

VP of Underwriting Salary by Company Size: Startups vs. Enterprise

VP of Underwriting salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $259,252. While startup companies pay approximate $219,568.

VP of Underwriting Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $219,568
Growth Stage 51~500 $232,180
Established 501~5000 $250,382
Enterprise 5000+ $259,252

VP of Underwriting Salary by Industry: Top Paying Sectors

For VP of Underwriting roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 40% above the average. In contrast, VP of Underwriting positions in Retail & Wholesale or Insurance typically offer lower base pay, as these industries often view VP of Underwriting as a support function rather than a direct revenue driver.

The top paying industries for a VP of Underwriting

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$366,825$176.040%
Healthcare$314,422$151.020%
Edu., Gov't. & Nonprofit$288,220$139.010%

VP of Underwriting Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a VP of Underwriting's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$214,035
Average $239,594/year
$256,169
$17,836
Average $19,966/month
$21,347
$4,116
Average $4,608/week
$4,926
$103
Average $115/hour
$123
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $256,169 $21,347 $4,926 $123
Average $239,594 $19,966 $4,608 $115
25th Percentile $214,035 $17,836 $4,116 $103

VP of Underwriting Salary Growth & Career Path

VP of Underwriting

Next Role

For a VP of Underwriting, the most direct path to higher earnings is advancing to the SVP of Underwriting role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $315,973 - a projected growth of 32% over your current level.

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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